Examples of Bonus Bid in a sentence
Bonus Bid Deposit for Apparent High BidsEach bidder submitting an apparent high bid must submit a bonus bid deposit to the U.S. Department of the Interior’s Office of Natural Resources Revenue (ONRR) equal to one-fifth of the bonus bid amount for each such bid.
Bidders are required to use the Estimated Acreage for the specified Lease Sale Tract listed on Attachment A for the purposes of calculating Estimated Bonus Bid.
Each bid must include the Total Bid Per Acre, Total Estimated Bonus Bid, and a deposit by cash, money order, cashier's check or certified check in U.S dollars that must equal a minimum of 20% of the Total Estimated Bonus Bid being offered for the tract.
Each bid must include a bid deposit equal to or greater than the Minimum Bid Deposit, which is 20% of the Estimated Bonus Bid being offered for the tract.
Absences: Students should inform me by phone or e-mail before class time about unavoidable and extraordinary schedule conflicts or contagious illness.
Economic Conditions Minimum Bonus Bid Amounts ● $25.00 per acre or fraction thereof for blocks in water depths less than 400 meters; and ● $100.00 per acre or fraction thereof for blocks in water depths 400 meters or deeper.
Bidders are required to use the Estimated Acreage for the specified Lease Sale Tract listed on Attachment A for the purposes of calculating Total Estimated Bonus Bid.
Bonus Bid Deposit for Apparent High Bids Each bidder submitting an apparent high bid must submit a bonus bid deposit to the Office of Natural Resources Revenue (ONRR) equal to one-fifth of the bonus bid amount for each such bid.
Otherwise, see “Methods for Securing EFT 1/5 Bonus Bid Deposits” for options of securing the EFT 1/5 bonus bid deposit.
Make checks and money orders payable to the "Department of Natural Resources, State of Alaska." Minimum Bid Deposit calculations that result in sums containing fractions of less than one dollar should be rounded up to the nearest whole dollar in order to ensure that a minimum of 20% of the Total Estimated Bonus Bid is tendered.